Skip to main content

About your Search

Search Results 0 to 0 of about 1
FOX Business
Oct 29, 2012 9:20am EDT
that the state is paying. it is crowding out core services as you referred to charles in education healthcare spending and everywhere else. the only way out of this problem is to reform spending starting with pensions for public employees. liz: i have corporate accounting and government accounting too and boy the too are so alike in many ways. i'm reading analyst reports, john, that illinois is -- it's entitled state of denial. its accounting is just as bad as enron. the problem, john, this is what kills me, this is why it hurts voters, these guys across the country have been using off balance sheet pension funds to plug balance sheet holes, and at the same time they are trying to hit up taxpayers and then raise retirement ages. i don't think the american voter or the viewer gets it, that that's what's going on in illinois is a miniature portrait of the problems going across governments state and federal, john? >> elizabeth, that's exactly right. in the government sector they create rules allow them to do this. in the private sector executives would be going to jail for some of the gimmicks t
Search Results 0 to 0 of about 1